Quote:
Originally Posted by savais
Question for you guys. We all know a correction is likely, we just don't know when. But, my question is what is the WORST case scenario in terms of price per sq ft in the following places:
Sports City
City of Arabia
Greens
Springs
Arabian Ranches
Internaitonal City
Jumeirah Village
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Nobody can predict that. Dubai has adopted the "build and they will come approach ". If the people come in and the supply and demand equation holds, then we could see a small correction. If the equation does not hold obviously ther could be a deeper correction.
Regards
Roshan